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Drake & Scull International eyes $789.4m capital hike

Dubai contractor Drake & Scull said it has closed the subscription for new capital, with proceeds exceeding AED450 million ($122 million). The company aims to raise AED2.9 billion ($789.4 million) new capital through distribution of 2.8 billion shares. ....

United Arab Emirates , Shafiq Abdelhamid , Drake Scull International , Tradearabia News Service , Scull International , Dubai Financial Market , Tradearabia News ,

Drake & Scull unit wins Saudi wastewater plant contract

Drake & Scull International, a leading contracting and engineering company, has announced that its key subsidiary, Passavant Energy & Environment, has secured the design-and-build contract for a wastewater treatment plant in Saudi Arabia. ....

Eastern Province , Ash Sharqiyah , Saudi Arabia , Al Khobar , Ar Riya , Kingdom Of Saudi Arabia , Tradearabia News Service , Drake Scull International , Passavant Energy , Passavant Company , Scull International , Tradearabia News ,